Silver hallmarking may become mandatory amid record price environment

Proposed mandatory silver hallmarking seeks to improve transparency as record prices heighten consumer and regulatory scrutiny.

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Silver hallmarking may become mandatory amid record price environment

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Silver hallmarking may become mandatory amid record price environment
Proposed mandatory silver hallmarking seeks to improve transparency as record prices heighten consumer and regulatory scrutiny.
Authorities are reportedly considering mandatory hallmarking for silver, similar to existing gold regulations. The move aims to enhance consumer protection and standardisation as silver prices hit record levels. Industry participants expect improved transparency but caution about compliance costs for smaller jewellers. The proposal reflects growing regulatory focus on precious metals markets.
Sentinel